Blogs list

Total Results: 342

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30 Dec, 2020, 03:44:01 PM

There are several factors that one must need to know for their personal growth or in order to start moving forward in life. By implementing these factors into your life, you can put your foot on the accelerator of your own career and achieve the best life for yourself. Ø Education The first factor for moving forward is education. In our society, the highest paid people are those who know...

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30 Dec, 2020, 03:38:13 PM

Simply if we explain what financial management is, we define it as planning, organizing, directing and controlling the economic pursuits such as acquisition and utilization of capital of the firm. Or we can simply say that it is applying general management standards to the financial resources of a firm. Let’s understand its approaches to understand the scope of financial management, financial management approaches are divided into two sections and they...

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30 Dec, 2020, 03:32:51 PM

It is that agreement between two or more individuals who sign a contract to start a profitable business together. In the Partnership agreement, the partners are equally responsible for the debt of an organization. Even if one person withdraws his/her partnership, they are liable for an already existing debt and future liability if they do not provide proper notice of retirement. Sometimes, a partnership can also exist without signing any...

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30 Dec, 2020, 03:11:32 PM

Compliance risk assessment is a procedure that identifies the major inherent risks within a business line, factors in any processes and procedures that are practiced by the institutions to control and mitigate those. Compliance professionals must understand what a compliance risk assessment is and how to do it. A flawed risk assessment process means that a company doesn’t understand the actual risks it faces and nothing good comes from that...

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30 Dec, 2020, 03:04:29 PM

Securities Exchange Board of India (SEBI) issued a notice in respect of SEBI- Settlement scheme 2020 to provide one-time settle opportunity to the entities that have executed trade reversals in stock options the segment of BSE during the period from April 1, 2014, to September 30, 2015 against whom any proceedings are pending. SEBI came across several instances wherein a set of entities were consistently making losses by their trading...

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30 Dec, 2020, 03:00:41 PM

Patience is a person’s ability to wait something out or endure something tedious, without getting riled up. Having patience means you can remain calm, even when you have been waiting forever or dealing with something with pain. Keep in consideration that Jesus also said “You do not realize now what I am doing, but later you will understand”, “be humble and gentle; be patient, bearing with one another in love”....

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30 Dec, 2020, 02:49:54 PM

To understand the difference between a fixed capital account and fluctuating capital account you first, need to understand the concept of the capital account. Let’s understand it first- A capital account is a general account that shows some special transactions like proprietor’s investment in his own business, the aggregate amount of earning, expenses of companies etc. There are some transactions that affect the capital of any company like interest on...

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30 Dec, 2020, 02:43:04 PM

SEBI (Security and Exchange Board of India) has recently made several relaxations in timelines for compliance due to the pandemic situation. The relaxations were made regarding the submission of reports for compliance for depository participants, trading members, clearing corporations, as well as a KYC registration agency. Keeping the current situation due to the Covid-19, The Security and Exchange Board of India has decided to extend the timelines for compliance with...

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30 Dec, 2020, 02:39:12 PM

Meaning- Not-for-profit organizations are a type of organizations that basically do not earn profits for their owners. All the money earned by these organizations or you can say the money which is donated to these organizations are used in pursuing the organization’s objectives and helps in running it. Mostly these organizations do not pay most of the taxes, they are tax exempt. However, their businesses are not automatically exempt. Basically...

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30 Dec, 2020, 01:25:26 PM

The CBIC notified 9 Provisions of Finance Act, 2020 that will be enforced from 1 January 2021. The provisions of sections 119, 120, 121, 122, 123, 124, 126, 127 and 131 of the finance act, 2020 shall come into force. Section 119 sought to insert the words “or services” after the words “of goods” in section 10 of the central goods and services tax act. Section 120 omits “invoice relating...

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30 Dec, 2020, 01:22:53 PM

SEBI (Security and Exchange Board of India) is one of the most prestigious institutions in India. SEBI Grade A officer post is as well suited for those who are looking for an honored or prestigious profession for their career. If you are the one thinking about this post then the blog will help you out in a great way. Here we are providing you the eligibility criteria and exam pattern...

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30 Dec, 2020, 01:18:01 PM

We have always heard or instructed by our teachers, parents, or friends that you need to work hard in order to achieve success in your life. But did you ever consider this- Is it only the hard word that we need to achieve our dreams. Hard work is definitely important because it is only through hard work that we can achieve the goals of our life. Hard work would mean...

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30 Dec, 2020, 01:12:54 PM

A risk control matrix is an essential element of a system that helps in managing the risks prevalent in any organization. Each organization is different on its basis of firms and so its risk environment too that depends on the factors like business type, size of an organization, resources that the organization use, and rules or regulation that they follow. Thus, in virtue of these emerging risks, Risk Control Matrix...

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30 Dec, 2020, 01:09:16 PM

Examination Department of The Institute Of Chartered Accountants of India made an important announcement related to the January 2021 exams. The announcement is as stated below: The Institute of Chartered Accountancy of India (ICAI) announced that the candidates appearing for the January 2021 CA Examination may apply for change in the exam city. This change is in continuation of the announcement made on 7th November 2020 which provided the facility...

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30 Dec, 2020, 01:01:55 PM

Regret is a feeling of sorrow or remorse for a fault, act, loss, disappointment, etc. It is a negative cognitive or emotional state that involves blaming ourselves for a bad outcome, feeling a sense of loss or sorrow at what might have been, or wishing we could undo a previous choice that we made. For young people, in particular, regret, although painful to experience but can be helpful emotion. Regret...